So we have an inverse Head and Shoulders
and a cup and handle
. If it breaks out of of current high, then we can see potential profits $9600 for the cup and handle
followed by the 11600 for the H&S
. This idea will cancel if it does not break the $8700 (and holds) resistance level
. Good luck everyone. Hope this is the end of the current correction for the entire market. Lots of alts such as LTC and ETC have broken out.
**NOTE** I am not an experienced trader. I am an investor learning TA. So please, take it easy on me.
**DO NOT use my published ideas for making decisions. Recommendations are welcomed.